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Consultation on tax treatment of sporting testimonial income

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HMRC is consulting until 2 September 2015 on options for legislating the tax and NICs treatment of income from sporting testimonials, to replace the existing extra-statutory concession which is due to be withdrawn after 5 April 2016.

HMRC is consulting until 2 September 2015 on options for legislating the tax and NICs treatment of income from sporting testimonials, to replace the existing extra-statutory concession which is due to be withdrawn after 5 April 2016. See www.bit.ly/1IVq5Ig.

Issue: 1271
Categories: News , Private client taxes
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